November (I)

Welcome again, fellow Nxters! Start off your week by reading about the blockchain news of last week. Our dedicated team endeavors to bring you the most comprehensive list of the major events of last week. Winter sucks, it is cold, it is dreary, and it is often wet. But hey, Thanksgiving is a thing that is coming up. For our non-North-American readers, picture a holiday where you eat too much food, drink even more, watch sports and then proceed to drive to the nearest mall before dawn to participate in Black Friday sales to buy things you definitely do not need at slightly lower than normal prices; with that in mind, we have much info for you to intellectually gorge yourselves on.

From the end of the IGNIS ICO, finally, to a new Ardor website redesign, to a HUGE Ardor testnet release, a lot happened in the week that was. As always, if you are new, welcome, and if you are an old Nxter, welcome back. We adore the Nxt / Ardor / Ignis platforms and we love our talented and dedicated community members even more. Who needs to work when you can read up on your favorite hobby that will slowly take over the world! Sit back and let your mind become full.

This week’s newsletter is put together by James, Jose, apenzl, and rubenbc.

NXT COMMUNITY

IGNIS ICO

It took three, eventful months but now the IGNIS ICO has ended. On behalf of Jelurida and the Nxter community, we profoundly thank all of you who participated in the crowdsale that helped fund the Nxt and Ardor platforms for years yet to come. What is next is the airdrop of IGNIS tokens that will occur on January 1, 2018 – basically a second Xmas. We will elaborate more as the time nears, but for now let us revel in what we have helped build and fund.

Kristina, from Jelurida, explains:

Hello everybody! IGNIS Token sale is now officially over after three (unforgettable) months. It has been a great success and we are grateful for your contribution and the trust you have shown in the team and in the technology! Thank you!

Jelurida will keep and allocate the unsold tokens to a pool to be used to continue to raise awareness of the Nxt / Ardor platform. Later we will touch on the release of the latest testnet version of Ardor, v2.0.4.

New Ardor Website

The ardorplatform.org redesign is almost complete. The developer appreciates community feedback on how the site can be improved. The conversations below highlight what is to come and how the community can help when the new info and functionality is added.

qbtc / Crypto Woman: I would like to ask for your help! The goal is to get the site to a “finished” state in two weeks. Please contribute constructive feedback and reasonable suggestions. I will be rewriting some of the content yet again for further simplification and business understanding while at the same time creating more technical info for the crypto-minded. I also want to develop some generic use case examples…

Invitations for Nxt/Ardor Slack are Open

This is the perfect opportunity for community members to participate in the Nxt slack community. Please submit your invites. We apologize for the delay it might take to process your invite as new methodologies are being implemented to prevent spammers and bots from hijacking and shitposting the conversations. Over 4000 people are already members and you could be one, if you ask, and pass the human test. This Slack is one of the premier Nxt / Ardor forums out there with direct participation from many of the founding members of Nxt, Nxter, Jelurida, Adel, Janus and more.

vanbreuk – Invitations for this slack are open again at slack.nxtplatform.org – please update your bookmarks! Our community staff will from now on quickly review new invite requests, to intercept bots and potential spammers.

lege
hi guys, after lior back from China , i decide to promote ardor in China, so those days i was busy with my work, and i quit my job, register a company in China, yesterday i made a speech about ardor in the trip of Blockchian in China. so if you are in China, you can contact me , let’s do something together for ardor, and change the world. where amazing happens, ardor is here.

Meetup Nxters in NYC – Presenting NXT / Ardor in Building out Dapps on Codepen.com

This was a demo and intro on how to build decentralized apps using Codepen. Blockchain technologies covered, included Bitcoin, Ethereum, and Ardor/NXT. It was a great opportunity for our community to mingle and meet other dedicated developers in the blockchain space. Cool pics below.

I’m running a new meetup dedicated to front end developers and I’ll be giving a presentation on NXT / Ardor capabilities using only html/css/js on the codepen.com platform. I’ll be presenting to a room full of developers that most likely might not have dabbled in blockchain yet. imo, this target audience is more valuable than trying to sell tokens/coins to speculators. If you can get even just a few to work on the nxt/ardor platform thats a success already.

– build a decentralized market place filtered by specific keywords.
– possibly build out some type of simple chess board game that records the piece location on a board using data cloud
– build a MIDI player fetching .midi music from the data cloud that is less than 40kb.

If anyone is willing to help out, that would be great. I need codepen.com demos that make use of the nxt/ardor apis.

qbtc / CryptoWoman: Met some awesome folks from our community in the Big Apple today. Here I am with @patoshi and his lovely wife, @codehalo and @xdmcrypt

qbtc
In addition to Pats team and us there were about 20 developers. Small but very interested.

User @Almonte Showing Ardor’s Potential in Business

Almonte was in Spain demoing the many use-cases that Ardor and Nxt have for businesses, especially in the fintech sector. He visited a company in Lisbon, documented below, and also presented to a bank. We are excited for his success and look to continue to follow his adventures in the Spanish business world.

Almonte – Last week I came back to my projects and had a very good opportunity to show Ardor potential in a business environment. Have a look at this picture and check where nxt fits: the CoE of the company located in Lisbon was such a great experience, where we were able to seat the basis for blockchain design. I´m awaiting permission for this company to publish an article about what we did last week.

And this week I have another one, this time in Spain for one of the most important banks. Wish me luck.

I had the presentation this morning. It went really well and I had the opportunity to explain from blockchain introductions to hands-on demonstrations using Ardor/Nxt. I´ll write an article soon. The audience was the innovation department, which is very open to start working on this technology.

Travin Keith – NXT For Investors #28 NXT, Ardor, and Ignis Updates

Travin represents the Nxt Foundation and here presents to investors about the many benefits and business solutions provided by using Nxt / Ardor distributed ledger technologies. The live stream video of the presentation is below and is worth checking out, it contains a wealth of information.

Crypto Woman – An Impromptu Opportunity to talk about Blockchain

The Crypto Woman had an impromptu opportunity to talk about the blockchain with over 200 eager developers at a conference in Pennsylvania last week. It went over well, demonstrating a lot of high level interest in Nxt and Ardor platforms.

She wrote:

An impromptu opportunity to talk about blockchain and the incredible tech of NXT and Ardor to a group of about 200 developers at Central PA Open Source Conference today 🙂

NXT AE

Janus – Status Update

Janus announced that they will be selling 250K CCEX tokens to offset a major purchase on behalf of their JNSHash project. Variable rate tiers are available depending on how much you wish to purchase.

They wrote:

bjorn_bb
In order to offset a portion of this months purchase for Bitmain L3+ asic miners we posted some Janus for sale on the NXTAE, to give an alternate purchase option we will add 250,000 to CCEX at current going rates. If you want to get yourself into a different payout Tier this is a good chance to make the jump.￼

JNSHash is going to be open to Janus token holders who own 100k JNS or more and mining payouts will vary based on the 4 tiers. Further information will be coming out this month to allow people time to absorb the information.

Within the next 7 days video part 2 will be posted showing current progress, and then followed up by the final mining rigs coming at the end of November.

Janus tokens are the only method to obtain hashpower from this mining farm. We have placed tokens for sale to allow token holders a chance to fill their wallets with the required amounts needed and posted tier structure in our slack. The more funding we get the more we expand which is why on our twitter, forums, and slack you see portions of the deliveries we make. If you want to reach an alpha level farm we appreciate all team token buyups that occur.

We realize Bitcoin is mooning but I assure you nothing goes parabolic forever, and as a long time trader you can nearly count on segwit to stop the rise on btc. We welcome all new people to our diverse project and look forward to a bright future with our current and new community members.

Adel – Status Update

Blockchain incubator Adel announced that their AdelWiki project is about to go into beta testing. Also, they were one of six finalists at a conference sponsored by the Czech National Bank and they will have a large and important presence this week at the world’s largest technology conference: The Global Web Summit.

They wrote:

New Collaboration Module is here! ▲ Adel Community
Ready for take off? AdelWiki™ is imminently ready for member beta testing. Members will shortly be able to take a test drive and explore the interface and get ready for projects that will change the world! They can submit ideas for incubation, and help develop ideas from other members, The power of community and valuable insights allow for bold iterations and the continuing improvement of our processes. Become a member today with 64000 ADL, and Start Something Great! www.adelphoi.io

ADEL Ecosystem Ltd. ▲ Crowdfunding 2.0 on the Blockchain
Sometimes the best way to communicate ideas behind new technology is to make references to an existing platform. This can spark the minds of people new to the space and help facilitate adoption. In his latest blog that’s lighting up social media, community member @R0bInI0 @wolffang breaks down Adel in bite-sized pieces by relating it to Kickstarter. His down to earth explanation of evolving tech is one you’ll want to share with your family and friends.

Fintech Innovator Conference ▲ e.conomia ▲ Deloitte
Out of 140 startups reviewed by Deloitte, Adel was one of only five to get a pitch at Fintech (R)evolution. In this new video, Adel’s Co-Founder Gabriel Dusil speaks to hundreds of leaders in Fintech at the event sponsored by Czech National Bank and hosted by the Media House of Economia. During the event last week, each startup including Adel, had six minutes to pitch their company and four minutes to answer questions from the audience.

Global Web Summit ▲ Adel Community
We’re gearing up for the largest tech summit in the world. Adel will join more than 1,000 speakers, 60,000 attendees and more than 2,000 journalists from 160 countries in Lisbon next week. From startup battles, to crypto talks, Artificial Intelligence, cybersecurity panels, marketing tech and much more, the center of the tech universe unfolds in Portugal, Nov. 6-9. Visit our stand #B203 on Wednesday Nov 8th. https://websummit.com/

Back from the meetup, a bunch more people know about Ardor, Nxt, and Bitswift.. mission accomplished. Looks like there may be opportunity to speak on a panel in the near future @Queens. Should be interesting and good for spreading the word.

she is live
she is not optimized
prices may seem weird
categories will change
not nearly even 25% of the products are posted but it works…

You will see over the next few weeks that we go through the categories and adjust the pricing to be on par with Newegg, Bestbuy, and Staples Business Depot. We are having some issues with pricing and availability being pulled in across the distributors we have hooked up, so if you see “Quote” options instead of pricing, that is why. We have pushed some updates to the shop to fix the out of stock items. Check out our VR section: https://bitswift.shop/collections/virtual-reality. Much more products and categories coming also.

DEVELOPMENT

Ardor – v2.0.4e Released on Testnet

Exciting news from Jelurida, the latest testnet release of Ardor is epic and has mindblowing functionality. We are so stoked about this that we wrote an exclusive reportextolling the many wonderful features that the latest release provides, including complete and total asset control and multistage phased transactions – just to name a few.

Kristina Kalcheva wrote:

We are looking forward to the future and are happy to announce the release of Ardor testnet 2.0.4e with major new features added (Asset control, Composite phasing, By-Property phasing, Asset share increase) as well as new and modified APIs.

– Asset Control: Similar to Account Control which once set requires all transactions of an account to be subject to approval (i.e. to use phasing), the new Asset Control feature allows imposing such restriction to all transactions involving a given asset – such as placing bid and ask orders, transfers, share deletions, and dividend payments that use the asset as a dividend.

This feature enables, for example, a private company to issue its shares on the Ardor blockchain, yet to impose control over who can purchase or sell them, for example requiring asset transactions to be approved by its board of directors, or a shareholder voting. It also allows asset issuers to be KYC compliant, by only allowing verified accounts to transact with their assets.

– Composite Phasing: The Composite Phasing (“Smart Phasing”) is a very powerful new feature that allows approval models for conditional transactions to be defined in terms of a Boolean combination of other approval models, i.e. allows joining the current primitive approval models such as by whitelist, by asset balance, by hash, etc, using the AND, OR, and NOT operators.

This allows the new Asset Control feature to be used in combination with the Account Control feature when required, the transaction execution being made conditional on satisfying both the Asset Control and Account Control settings. It also allows for example combining the existing by hash or by transaction approval models with by whitelist, by balance, etc, approvals, which enables doing atomic coupling of transactions (including cross-blockchain) even for multisignature accounts (i.e. subject to Account Control), or with assets subject to Asset Control.

The NOT operator allows for dead-man-switch type conditions, where a transaction is executed only if some condition (e.g. revealing a secret) is not satisfied.

– By-Property phasing: The new by-property approval model allows the transaction execution to be made conditional on the sender account or the recipient account having a specific account property set. If this property is set, the transaction will be executed immediately, else, a second check whether the property is set is performed at the finish height defined.

This allows, for example, enforcing KYC by asset issuers, who can define in their Asset Control settings that only KYC-verified accounts, labeled with a predefined account property by a trusted authority (or the asset issuer itself), to perform transactions with their assets.

– Asset share increase: A new transaction type has been added, allowing the asset issuer to increase the total number of asset shares in existence. The new shares are allocated to the asset issuer account but can be then distributed to shareholders using a separate dividend payment transaction. This allows corporate actions such as capital increases or stock splits to be performed.

– Accounts public keys
– Account balances. ARDOR chain balances are based on ARDR asset balances, and IGNIS chain balances are based on NXT balances divided by 2, plus JLRDA asset balances. Each of those has been additionally divided by 2, in order to allocate 50% of the testnet coins to developer accounts for testing purposes. BITSWIFT chain balances are based on Bitswift asset balances, plus a 10% sharedrop distributed proportionately to all IGNIS shareholders.
– Account info (name and description)
– Account properties
– Account control settings, but only for account control by whitelist with no minimum balance. Other types of account control will not be imported.
– Account aliases have been imported to the IGNIS child chain.
– Assets. Only the Janus, JanusXT, and ComJNSXT assets have been imported, with their asset ids preserved.
– Monetary system currencies have been imported to the IGNIS child chain, but only the currency code and name, in order to reserve those. It would be up to each currency issuer to re-issue the currency with the appropriate properties and re-distribute it to users.

Weekly Reminder

Patoshi on StackExchange:

Is there a way to open up the Nxt / Ardor wallet in the browser and immediately go open up the account you want to view? The answer is yes, you can with Ardor and the link below explains how you can specify the specific chain. A bug is soon to be fixed such that a blue screen does not show if you forget to select a chain.

NXT IN THE MEDIA

Lior Yaffe in Medium – Ardor Q&A

Lior Yaffe conducted an Ardor Q&A last week covering the basics of the platform and explaining the many benefits that it aims to solve regarding common problems in the blockchain space. Excerpts of the Medium interview are below:

Discussion with potential stake holder

Q: What result are you looking for?

For the next 2 months, we want to focus on promoting both Nxt and Ardor
as platforms, to increase their visibility in the crypto community.

We also want to attract businesses to consider licensing our software (either Nxt or Ardor) for their private blockchains, to consider launching a child chain on Ardor, and also use Nxt and Ardor as platforms for conducting their own ICOs.

Q: What is the purpose of Ignis?

Ignis as a token is necessary in order for the Ardor platform to function. We distribute 50% of it for free to existing Nxt holders, in the upcoming Ardor Genesis Snapshot. The other 50% is distributed to buyers of the Ignis ICO.

Q: What do you want to communicate?

The snapshot is the last chance to acquire Ignis cheaply, by just holding Nxt at that time. It is a share drop where users get to keep their Nxt, and get 0.5 Ignis for each 1 Nxt they have.

Q: What is the value of ardor?

As a token, it allows tokens holders to participate in the proof of stake consensus algorithm which provides security for the whole platform. For this service, those who own Ardor and actively forge, are rewarded with transaction fees.

Q: What is different?

Ardor is not yet another Bitcoin clone or an Ethereum asset. It is a standalone platform with a unique architecture, based on the solid and time tested Nxt code. Proof of stake, multi-chain, scalable, implemented in Java.

Money 20/20 – Blockchain Usage at a Tipping Point

Article about the growing usage of private permissioned blockchains and how Microsoft and Jelurida are investing heavily in enterprise-grade solutions.

Public permissioned blockchains are not scalable for enterprises. However, private permissioned blockchains allows for innovations in scalability and many companies are investing in this, including Microsoft and Jelurida.

A permissioned blockchain restricts the actors who can contribute to the consensus of the system. A permissionless blockchain is the opposite of this.

Cryptopost – Ardor Should Surprise Investors Very Soon

We do not offer investment advice, but Cryptopost speaks very highly of Ardor and believes that the price will skyrocket.

The nearest upside target is at $4 which is a psychological resistance, but overall $0.46 is expected to be reached in the short to medium term. If this resistance at 161.8% Fibonacci will be broken then the trend will indeed prove to be a long term.

Keep in mind that break below the $0.15 support area will invalidate this bullish forecast.

And that is all for this week, Nxters. Make sure you have more of your favorite warm beverage available as you stay tuned next week for more coverage of the new year launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We explain in much more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to the platforms and the momentous ICO.

Follow us on Twitter for important breaking updates during the week as they happen. Stay warm and stay informed, dear Nxters. See you back here next week!

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